Ontario ups EV tax credit

Ontario is making some big changes to their new-vehicle Electric Vehicle Incentive Program (EVIP) to help make electric cars more affordable.  Here is a complete list of all qualifying vehicles and incentives along with how to apply.

If you’ve recently bought a plug-in vehicle in Ontario, this may help you as well, as the change is retroactive to Jan 1, 2017.  The province has also committed $100 million over the next five years to build more charging stations.  See Ontario charging up electric vehicle incentives:

While EVs over $150,000 will continue to be excluded from the program, the changes will see a big impact on buyers looking at the low and high end of the market. Previously, EVs and plug-in hybrids were limited to a total rebate of 30-percent of the sticker price. That meant that cars which cost less than $46,600 couldn’t get the full rebate. For example, a $33,998 Nissan Leaf only qualified for $10,199 of the $14,000 in 2016. That limit is now gone, meaning that the Leaf now qualifies for all $14,000, reducing its cost to Ontario buyers considerably.

This also affects the 2017 Smart ForTwo EV, Chevrolet Bolt, Ford Focus EV, Mitsubishi i-MiEV, and more, although the exact amount of the incentive still varies based on the size of the battery and passenger capacity.

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